CDA has signed an MoU with Saudi investors, who will fund the proposed project while the authority will provide land. The location, cost and construction schedule are yet to be announced.
Islamabad may soon get a major new entertainment attraction after the Capital Development Authority (CDA) signed a memorandum of understanding (MoU) with Saudi investors to develop a theme park in the federal capital.
The agreement was signed at a ceremony held at Lahore’s Gaddafi Stadium on October 25, 2026. Prince Mansour bin Mohammed Al Saud, Chairman of the Saudi-Pakistan Business Council, and CDA Chairman Sohail Ashraf signed the MoU. Federal Interior Minister Mohsin Naqvi attended the ceremony.
Under the proposed arrangement, Saudi investors will provide funding for the theme park, while CDA will provide the land required for its development.
Project Details Are Still Pending
Officials have described the proposed theme park as a major development for Islamabad. However, the announcement does not yet specify the project’s location, total investment, size, design or expected completion date.
These details will help residents and investors understand the project’s scale and when construction could begin.
Saudi Investment and Islamabad’s Development
Speaking at the ceremony, Mohsin Naqvi welcomed the agreement and said the government would provide support to Saudi investors. He described the theme park as a project that could bring significant change to the capital.
Prince Mansour also highlighted investment opportunities in Pakistan, particularly in Islamabad.
Naqvi further said that a real estate investment roadshow was planned in Saudi Arabia in the coming months to encourage investment in Pakistan.
Questions About the Project’s Location
The proposed theme park has also raised public questions about the future of Islamabad’s green spaces, particularly F-9 Park. However, the MoU announcement does not identify F-9 Park as the project location.
Naqvi has separately stated that no trees would be cut and no new concrete structures would be built in F-9 Park. He also outlined plans to improve lighting, walkways and other facilities there.
CDA has yet to announce the proposed theme park’s exact site and further project details.
The signing of the MoU marks an initial step towards the proposed development. Its eventual progress will depend on further planning and the details announced by the relevant authorities.
